Andrew_CT

Andrew_CT

Hello, this is my second post! In the last few weeks gold suffered a strong correction, failing to break 1700$. Leaving aside fundamental factors, after a strong rally gold formed divergences both on RSI and MACD, suggesting that a correction or a trend reversal was possible. Signs of a recession were visible for the last few years, coronavirus acting more like...

Andrew_CT

Hello, this is my first post! As you can see, Bitcoin is evolving within a descending channel, having touched support, both on the lower line of the channel and the green 6400-6500 area. The first two significant upward correction had a price increase of about 35%. The main downward movement, as well as November's, caused a 37% fall, followed by a RSI divergence...